agunther
Posts: 43 Joined: Mon Nov 21, 2011 1:51 pm
Post
by agunther » Fri Aug 10, 2012 1:16 pm
jarbo456 wrote: Tutti wrote: agunther wrote: jarbo456 wrote: anyone taking out insurance on their long term portfolios?
eg buying TLT, writing covered calls, or just buying a few OTM puts?
Always.
Not buying TLT though.
just increasing cash levels
sounds about right.
i'll be writing some calls and raising cash and buying a small position in some bonds this afternoon.
Bonds are too expensive for my taste.
Call writing is the best strategy, but with vix so low, you don't get much premium. Might as well buy some puts, as they are cheap now (low vix). You could end up throwing this money away, but IMO if you repeat this every month, you should recover on the drop, as vix will spike.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
Post
by Al_Dente » Fri Aug 10, 2012 1:18 pm
Spy accomplished a 50/200 ma cross bear today on 5min
Last cross (bull) was 3 aug
All approximate
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
shaca
Posts: 130 Joined: Sun May 13, 2012 1:25 pm
Post
by shaca » Fri Aug 10, 2012 1:22 pm
25 new highs on nasdaq, 32 new lows... $NALOW>$NAHGH and we are near april top and far from june bottom
zzzzz... im sure this market will close at the same level we are atm, or just unchanged
put/call ratio is probably segnaling a top
probably a doji/spinning top weekly on aud/usd
Last edited by
shaca on Fri Aug 10, 2012 1:23 pm, edited 1 time in total.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
Post
by Al_Dente » Fri Aug 10, 2012 1:23 pm
BullBear52x wrote: Trin and Tick leaning bear all day, but not VIX Hmmmm
It’s those dang options traders bub
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
btw do u have such nice workie line on that invert DNV/UPV
0.3 maybe works (?) not sure as I’m getting all twisted around (?)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x
Posts: 29611 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Fri Aug 10, 2012 1:27 pm
the evil force are lining up, closing lower than the open will confirm the bear bars, not until then.
IWM, QQQ, and DIA are all in line. IWM is in that dark zone right now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29611 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Fri Aug 10, 2012 1:33 pm
Al_Dente wrote: BullBear52x wrote: Trin and Tick leaning bear all day, but not VIX Hmmmm
It’s those dang options traders bub
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
btw do u have such nice workie line on that invert DNV/UPV
0.3 maybe works (?) not sure as I’m getting all twisted around (?)
nah same o banana here, the horse is dead.
Last edited by
BullBear52x on Fri Aug 10, 2012 1:36 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Tabby
Posts: 924 Joined: Tue Feb 15, 2011 5:09 pm
Post
by Tabby » Fri Aug 10, 2012 1:34 pm
MrMiyagi wrote: This is just consolidation for higher it seems; VIX wounded and bleeding hard, no medics in sight.
no budget for fire dept or medics. use a belt and hope it stops.
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
Post
by MrMiyagi » Fri Aug 10, 2012 1:40 pm
TRAN edging back up from today's lows; almost flat now.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
Post
by Al_Dente » Fri Aug 10, 2012 1:40 pm
BullBear52x wrote: Al_Dente wrote: BullBear52x wrote: Trin and Tick leaning bear all day, but not VIX Hmmmm
It’s those dang options ...btw do u have such nice workie line ...
nah same o banana here, the horse is dead.
1.JPG
2.JPG
Thanks b
THAT deserves a Mariah
But folkie is on now
http://www.youtube.com/watch?v=oh9_jdmc ... re=related
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Mr. T
Posts: 995 Joined: Tue Apr 12, 2011 12:50 pm
Post
by Mr. T » Fri Aug 10, 2012 1:40 pm
Why don't they just ban shorting and selling?
Stinking bears can't get anything done anyway.
-T
"Treat Your Mother Right!!!!"
quientuves
Posts: 477 Joined: Wed May 25, 2011 3:24 pm
Post
by quientuves » Fri Aug 10, 2012 1:41 pm
As it's trying to going up and it can't go above the triangle line... it should try to break well downside... isn't it?
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
Post
by MrMiyagi » Fri Aug 10, 2012 1:42 pm
Mr. T wrote: Why don't they just ban shorting and selling?
Stinking bears can't get anything done anyway.
About time you started kicking Bear's ass, getting too lazy now.
EvilTrader
Posts: 675 Joined: Tue Feb 15, 2011 2:40 pm
Post
by EvilTrader » Fri Aug 10, 2012 1:43 pm
Mr. T wrote: Why don't they just ban shorting and selling?
Stinking bears can't get anything done anyway.
LOL you r too nervous.
When market volatility compresses like that, you bet a wild move is just around the corner...and the move direction can be UNexpected !!!.
You just want to be on the right side of the trade and pray for no whipsaws.
Cobra
Site Admin
Posts: 58570 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Fri Aug 10, 2012 1:44 pm
good, another way of measuring target.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
quientuves
Posts: 477 Joined: Wed May 25, 2011 3:24 pm
Post
by quientuves » Fri Aug 10, 2012 1:45 pm
Mr. T wrote: Why don't they just ban shorting and selling?
Stinking bears can't get anything done anyway.
I feel your pain Mr.T. Believe me, I feel it... But at that point is when the markets were going to the hell...
BullBear52x
Posts: 29611 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Fri Aug 10, 2012 1:45 pm
now that's the market I want to see. we will finally get new signal soon.
My comments are for entertainment/educational purpose only. NOT a trade advice.
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
Post
by MrMiyagi » Fri Aug 10, 2012 1:45 pm
TRAN just about green now, I think it will run soon.
Attachments
596.png (8.43 KiB) Viewed 4293 times
Cobra
Site Admin
Posts: 58570 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Fri Aug 10, 2012 1:49 pm
the 3rd touch, so bulls have better chances.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
BullBear52x
Posts: 29611 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Fri Aug 10, 2012 1:50 pm
need to push up to 140.6ish will be a good new signal. nothing bullish here.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.